DIN
Dine Brands Global, Inc.
$30.86
Stable Earnings Power
80%
P/Adj-EPS × Normalized Multiple
Strong
·
Conviction
Undervalued
Trading 63.4% below fair value
You pay
$30.86
Bear
$69.44
Fair
$84.32
Bull
$99.20
Bear
$69.44
+125.0%
$4.96 × 14x P/E
Fair
$84.32
+173.2%
$4.96 × 17x P/E
Bull
$99.20
+221.5%
$4.96 × 20x P/E
Adjust Assumptions
17.0x
4.96$
Key Value Driver
Normalized P/E multiple (17x base case)
Implied Market Multiple
6.2x
Analyst Consensus (External Reference)
Never blended into the bear/base/bull estimates above.
Average Target (24 analysts)
$34.33
Divergence from AlphaVal
146%
Summary
Applying a 17x P/E to adjusted EPS of $4.96, the base-case value is $84.32 per share.
Warnings
The company's reported profits differ from official accounting profits by 343%. Check what costs are being left out of the adjusted number.
Wall Street's average price target is $34.33 (from 24 analysts). Our estimate is 146% above the consensus -- consider that gap carefully.
Key Risks
- Growth DCF inappropriate — terminal value assumptions dominate
- EV/EBITDA misleading for regulated businesses where capex is mandated
- Regulatory risk is a fat tail not visible in normal multiples